Islamic Wealth Management - John A. Sandwick

Islamic Wealth Management – June, 8 th /9 th 2005Background:Islamic Finance is a rapidly growing industry. Each month new Islamic banks are founded,new Islamic bonds are issued, and more and more European banks and financial institutionsare involved.How could you advise Muslim clients on their financial requirements? Learn the rules andprinicples used in Islamic Finance to select Shariah-compliant products.The Programme:This 2-day seminar will provide an in-depth understanding of the concepts, reasoning andmarket acceptance of Islamic financial products. We will discuss which products fit into abalanced portfolio;and what's still missing.8.30 Welcome Note and Coffee9.00 Introduction Islamic Financeby Michael Saleh Gassner, IslamicFinance.de, Cologne✔ Islam, Economics and Finance✔ Basic buzz words explained9.45 Development and distribution of Sharia compliant productsby Dr Humayon Dar, Vice-President Dar Al Istithmar Ltd., London✔ The role of banks and sharia scholars✔ The importance of a "Fatwa", a sharia scholar opinion on financialproducts✔ Key success factors for the saleability of Shariah compliant products10.30 Markets & Clientsby John A. Sandwick, Encore Management, S.A, Geneva✔ Typology of clients and markets✔ 1 st generation, 2 nd generation, female clients, institutions11.15 Market Sizes, Datas and Informationby Rakiya Sanusi, IFIS, London✔ Market sizes in the GCC, Southeast Asia and Europe✔ Sources of information – media overview✔ Presentation of IFIS system11.45 Wealth in the here and in the hereafter – the Islamic viewby Michael Saleh Gassner, IslamicFinance.de, Cologne✔ Islamic approach to wealth✔ Need for wealth protection, accumulation, preservation anddistribution12.15 Question & Answers12.30 LunchMichael Gassner Consultancy, Cologne, Germany – Phone +49 7000 42 77 637 – Fax +49 7000 42 77637